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Activity Discussion Math Profit, Loss and Discount

  • Profit, Loss and Discount

    Posted by Anurag on June 23, 2023 at 5:00 am

    A dealer buys a T.V. set for Rs. 2,500. He marks it at Rs. 3,200 and then gives a discount of 10% on it. Find:

    (i) the selling price of the T.V. set

    (ii) the profit percent made by the dealer.

    Nadeem replied 12 months ago 3 Members · 2 Replies
  • 2 Replies
  • Triveni

    Member
    June 23, 2023 at 12:19 pm
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    ::

    given,

    cost price(CP) of the tv set = 2500/-

    marked price(MP)of the tv set= 3200/-

    rate of discount=10%

    Total discount=3200 x10/100= 320/-

    i) Selling price=3200 -320

    =2880/-

    ii) profit=SP-CP

    =2880-2500

    =380/-

    profit percent= (profit x 100)/CP

    =(380 x 100)/2500

    =38000/2500

    =380/25

    =15.2% is the profit percent made by the dealer

  • Nadeem

    Member
    June 23, 2023 at 12:43 pm
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    ::

    Given:

    T.V buying price = 2,500

    Mark price = 3,200

    i) Selling price = Mark price – Discount

    Discount = 10 % of 3,200.

    = 10/100 * 3,200

    = 320

    Selling price = 3,200 – 320

    = 2880

    ii) Profit percent = Profit / buying price * 100

    = 380 / 2500 * 100

    = 15.2 %

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